Press Release

ALLIED SECURITY INNOVATIONS ANNOUNCES NEW STOCK
SYMBOL

Farmingdale, New Jersey –(PR NEWSWIRE)—Allied
Security Innovations, Inc. manufacturers of security products, announced that on
July 10, 2009, it was notified by the FINRA, the body governing the OTC Bulletin
Board, that its request for a 1 for 1,000 reverse split of its issued and
outstanding common stock had been processed and that the FINRA had assigned ADSV.PK to be the new trading symbol for the Company’s common stock. The
assignment was effective as of the open of business on July 13, 2009.

“We believe that this
new development is in the best interest of the company. With the reverse, our
price per share could rise significantly which may make the shares more
attractive to prospective investors, and enable us to gain more traction in the
public market.” states Anthony R. Shupin, CEO and President. “We believe that
our CGM-AST products are the best tamper-evident security products in the
industry and that we have focused the company on a market that continues to show
demand. We have put personnel in place that will enable us to achieve those
goals, even in this tough economy”.

About Allied
Security Innovations Inc.

Allied Security Innovations, Inc, (ASI) provides homeland
security products and proprietary criminal justice software to over 3,000
clients worldwide. It is composed of the original DDSI Company, a public company
since 1995, and its wholly owned subsidiary, CGM-Applied Security Technologies,
Inc., (established in 1978). With manufacturing in Staten Island, NY, ASI is a
leading manufacturer and distributor of Homeland Security products, including
indicative and barrier security seals, security tapes and related packaging
security systems, protective security products for palletized cargo, physical
security systems for tractors, trailers and containers, as well as a number of
highly specialized authentication products.

Allied
Security Innovations. Inc. is a fully reporting company whose stock trades on
the OTC Bulletin Board under the symbol “ADSV”. For information contact
Investor Relations 1-800-899-2246 or www.cgm-ast.com.

Safe Harbor Statement:

This press release contains
certain forward-looking statements. These forward-looking statements can
generally be identified as such because the context of the statement will
include words such as the Company plans, expects, should, believes, anticipates
or words of similar import. Stockholders, potential investors and other readers
are cautioned that these forward-looking statements are predictions based only
on current information and expectations that are inherently subject to risks and
uncertainties that could cause future events or results to differ materially
from those set forth or implied by the forward-looking statements. Certain of
those risks and uncertainties are discussed in the Company’s annual report on
Form 10-K and include, but are not limited to, market acceptance of the
Company’s planned products and their level of sales, access to the capital
necessary to finance and grow the business, a highly competitive environment in
the security field that includes numerous large and well established companies
much larger than ours, and our ability successfully to deploy our technologies
and products to meet the technical demands and market requirements of our
customers. These forward-looking statements are only made as of the date of
this press release and Allied Security Innovations does not undertake any
obligation to publicly update such forward-looking statements to reflect
subsequent events or circumstances.